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Res17 15621
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Res17 15621
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Last modified
10/11/2019 7:56:55 AM
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10/11/2019 7:56:39 AM
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CC Index
CC Index - Document Type
Resolution
Agency Type
City Council
Date
9/25/2017
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING, AND AUTHORIZING THE CITY MANAGER TO EXECUTE, A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF REDWOOD CITY AND MP BRADFORD ASSOCIATES, L.P. FOR 707 BRADFORD STREET
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(viii) Specific procedures for obtaining documentation regarding prospective <br /> tenants' incomes, as necessary, to certify that such income does not exceed income <br /> limits; <br /> (ix) Specific procedures for certification and recertification of household <br /> incomes and procedures for handling over-income tenants; <br /> (x) A requirement that a written rental agreement (subject to City approval) be <br /> executed with each eligible household selected to occupy a unit; <br /> (xi) A detailed listing of reasonable rules of conduct and occupancy which <br /> shall be in writing, shall be consistent with federal and state law, and shall be provided to <br /> each tenant upon occupancy; <br /> (xii) A requirement that there be no storage on balconies and patios, that <br /> tenants must keep all balconies, patios and other exterior areas neat, clean and clutter <br /> free, including no clotheslines or laundry, and that no items may be affixed to the exterior <br /> walls or other exterior components of balconies or patios; <br /> (xiii) Procedures for Owner's implementation and enforcement of a requirement <br /> that window coverings visible from the exterior of the building(s) shall be Owner- <br /> supplied and maintained, and uniform in appearance; <br /> (xiv) A parking management plan which details, among other things, how <br /> parking spaces will be assigned, how guest parking will be handled and how parking will <br /> be managed to encourage tenants to use their assigned parking spaces; <br /> (xv) Procedures for maintenance and management of the Project; <br /> (xvi) Procedures for dealing with tenant or neighborhood issues or concerns; <br /> (xvii) Procedures for maintaining a reserve account, budgeting for maintenance <br /> and repair needs as well as long-term rehabilitation needs and handling net cash flow; and <br /> (xviii) Such other requirements and criteria/procedures as City may determine <br /> appropriate. <br /> 6.6 Approval of Amendments. If City has not responded to any submission of the <br /> Management and Marketing Plan, the proposed management entity, or a proposed amendment or <br /> change to any of the foregoing within sixty (60) days following City's receipt of such plan, <br /> proposal or amendment, the plan, proposal or amendment shall be deemed approved by City. <br /> 6.7 Fees, Taxes, and Other Levies. Owner shall be responsible for payment of all <br /> fees, assessments, taxes, charges, liens and levies applicable to the Property or the Project, <br /> including without limitation possessory interest taxes, if applicable, imposed by any public <br /> entity, and shall pay such charges prior to delinquency. However, Owner shall not be required to <br /> pay any such charge so long as (a) Owner is contesting such charge in good faith and by <br /> appropriate proceedings, (b) Owner maintains reserves adequate to pay any contested liabilities, <br /> ATY/AGR/2017.218/RWC — BRADFORD — DDA <br /> REV: 09-18-17 VR <br /> Page 75 of 94 <br />
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